New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-31

Thus the total advance during the past yeai'
which ids been l.. per c.At, Las "eN" '""''''"'
aliy al ia food products ANA particularly ia '"Ose
which AZ, tAc .c,tS Oi active >i'tu.t,ion lho
1 prices oil 1880 were close 10 the lowest GA r''0''
( ior forty years or murc. III Ad7"N| lo'o,
/ SLIGHTLY lower point Hds tOufhco, ou1 'NN' t'0H
/ ur,.> were tss Than hail u onc pr cent io"eI
/ imam July ., 1855. some tccoNc from '"e "a
tr.uruluary depression was H1t"H1S Nt'.'.t
and the more because the currency ia cf, "''''O,
which W.ls idrgciyiIn excess oil "e's"' n'' ~ -
1856 beng -, mtLon> com ana 80. N'l' .'s
paper has since been cAp"ndcd 20 o. Ai''' ,va
coin ana oJo millions paper AZ increase "a So,
600 600 ia ci.1t,cn months, or - per cent. ino
adv ,ucc III prices uufihs the s'lHc tni' i'-' -.
II peg cent bat dUly prices are Hdl"g"'H io"
than those OF the winter; comparing J"Nt"y,
1856 with December, 1887, the rise "rpcaIs 70 ~
: per cent. II the monetary supply III looo WI WI
LARGELY superahunaaHt, the supply Is NOW st,n
more an excess Of The quantity rIuiltu HV'"''"'
standing the rise IN prices. "A.
those who reason that expansion 81 cntNh,y
in itself has power 10 innate prices h''d Hc" -
observe first, that rates for tIahsportdt.eh n'
now higher than IN January. 80 or Sc3 n.aS,
ing "A difference IN the price here OF al ou.y
products: and second, That no monetary cna, ss
prevented rains last June, burned up htu."s
Of acrcs Of corn. rendered the yield ot pOt"os
the smallest known for many years d's'va
about LOCO, 600 bales OF the expected cotton ia
aud II vast number of animals, ANA comlriss
farmers to sacrifice much OF their hNe SOC" ~
lack of food 10 keep IL through the Mh''r;
Inns any change III the circulation ca's'u ". ,ns
the great Calumet aud llec p copper m'hc ol 80
scarcity of TIN, or the failure oil thc biI@it -
crop. OF the drying up OF many on wells. p'u
ing prlce-changcs resulting from tleS' V'" ~
appears that the . IL per cent lncr,dS0 III "a
currency has affected the average oi rrI's sV''r'
ly ut all, and has not prey enicd II decline ia
great number of articles But 10 las llShlVu -
fires Of many wild speculations, "h'h IA
brought ruin TO muitltudcs. because 'h'y ~
not control the world markets III d!si'e"'"
natural laws. ,ara
1t Is the habit of Democratic statesmen 70 a"ssn1
that prices OF farm products have he'h iotsl
and prices OF other products ENORMOUSLY are in
BY the tarin. II Is easy To show that th's lid
error The same articles ana quahtt"ss "oaN
cost rs above. sVi Il, November = ioc,' "Rh
have cost Sll2 81 - November !, LOW, INA
because Of the later prostihtiOn III iooV n, riS
Secession had begun, and because inc w. - moU
this wear has been IN part unndlutdi' u -. III
fair TO oomparc November OF e2cn yVr"'a !,
change in different classes Of articles mas U''
Nov ls6o. Nov. 1854 Pc, liz
Farm food ............... 81 nS $50 uc,es,s
M.!e,a, ;:,:: i.Ss 5 lsS:S pssisas ~
Total .....,....... sll2siA st1. Decrease
Farm food' includes breadstuii> pe" ,sIloM
peas meats fresh and packed Iii" "n" ,nrgigA
butter cheese, milk, eggs, nay, p"' snnleS
o"ionS r,hbag,s nupies and witt dried aplnwr
rajsius Taxed articles include sugar, Ises
and crushed muLisses, tobacco, whlsAVy n "a
con ee and tea dor many years taAeu 'ho"1i 'uld
nnNyl salt spices rice and also hsh .sooL
| " mnt,rinl,s ARE included only raw cOl'oi " IN.
bidrs and lumber All other articles are nes nh
| cluded with manufactures, thous"